Fintechs have touted the importance of cashflow data in underwriting. This week, the CFPB published their evidence to support the approach.
How and when should lenders modernize? Here are five key areas where lenders should consider accelerating their modernization methods
The SBA is making updates to its lending program opening the door for fintechs. But much more needs to be done.
Lenders gravitate towards using artificial intelligence (AI), so they must be dedicated to removing biases from their models. Luckily there are tools to help them maximize returns and minimize risks.
Upstart reported slipping revenues and forecasts that fell short of analysts' expectations. Girouard remains positive about their position.
Amazon launched a credit card product in Brazil in an effort to compete with Mercado Libre and ramp up its fintech strategy in South America.
During challenging economic times it is important for lenders to use new technology to help find new markets
In this episode we talk with the new CEO of Best Egg, Paul Ricci. He has only been in the job a few weeks but he is an old hand when it comes to marketplace lending.
·
Mexican fintechs Klar and Konfio tap $100 million credit lines from U.S. firms to boost lending in the country.
Affirm showed confidence in their quarterly earnings call, saying they were "on track" to reach profitability next year.